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Michael Burry, the “Big Short” investor who became famous for correctly predicting the epic collapse of the housing market in 2008, has bet more than $1.6 billion on a Wall Street crash. Burry is making his bearish bets against the S&P 500 and Nasdaq 100, according to Security Exchange Commission filings released Monday. Burry’s fund, Scion Asset Management, bought $866 million in put options (that’s the right to sell an asset at a particular price) against a fund that tracks the S&P 500 and $739 million in put options against a fund that tracks the Nasdaq 100. Burry is using...

Michael Burry's Twitter habit led to a visit from federal regulators. "The Big Short" investor has blasted Tesla, bitcoin, Robinhood, and meme-stock buyers. Burry indicated that he's not planning to tweet anymore. Michael Burry's incendiary tweets have piqued the interest of federal regulators, the investor revealed this week. "Tweeting and getting in the news lately apparently has caused the SEC to pay us a visit," the Scion Asset Management boss said in a now-deleted tweet. "Lovely," he continued, adding the hashtag "#nomoretweets." He also linked to the song "Lovely" by Suicidal Tendencies, a hardcore punk band, and changed the header...

Tesla's momentum and back-to-back record highs have divided some of the world's most famous investors. Billionaire venture capitalist Chamath Palihapitiya praised the stock's gains in a Thursday appearance on CNBC, telling investors the stock could be worth three times its already lofty valuation. "Don't sell a share," he added. Hedge fund manager Michael Burry - whose bet against the housing market was depicted in the novel and 2015 film "The Big Short" - aired his contrasting opinion Thursday night. The investor tweeted that, like his famous 2008 gambit, his short position in Tesla stands to print huge gains. "Well, my...

‘The Big Short,’ prodigy Michael Burry MD points out the 2020 elections are full of statistical anomalies. He recommends users watch the video posted by Dr. Shiva, MIT PhD, and decide for yourself about the 2020 Elections. Read More...

If The Big Short, Adam McKay’s adaptation of Michael Lewis’s book about the 2008 financial crisis and the subject of last month’s Vulture cover story, got you all worked up over the holidays, you’re probably wondering what Michael Burry, the economic soothsayer portrayed by Christian Bale who’s always just a few steps ahead of everyone else, is up to these days. In an email, which readers of the book will recognize as his preferred method of communication, the real-life head of Scion Asset Management answered some of our panicked questions about the state of the financial system, his ominous-sounding water...

Famed Hedge Funder Michael Burry Is Buying Farmland, And Sees More Pain For The Dollar And Housing Joe Weisenthal Sep. 7, 2010, 7:59 AM Michael Burry, the famed hedge fund manager featured prominently in The Big Short, is betting big on farmland, and expects the collapse of the dollar, he tells Bloomberg. Apparently he's still poking around for his next "big" idea (Burry famously shorted the housing market through the same type of bets that made John Paulson mega-rich), though he thinks having farmland with a good water supply is very attractive. In a segment of the interview here, he...